If you had two choices: make 300% in a year, and end up getting liquidated at the end. Or make 50% steadily in a year, and accumulate gradually. Which would you choose? People who have truly been through the market mostly choose the latter. A lot of newcomers to the market think they can grab one chance to turn things around. When they see others making money, they rush in; when the market drops, they急着底—trying to catch the bottom in a hurry. In the end, they don’t lose because of the trend—they lose because of the timing. If you want your trading to go farther, remember three principles. First, don’t chase. When everyone starts getting excited, it’s often no longer the best spot. Real good opportunities often appear in market panic, when others don’t dare to buy. Second, don’t rush into trading. If the price hasn’t reached your planned level, be patient and wait. Frequently chasing and then selling, as if you’re working hard, is actually just continually paying fees to the market. Third, don’t go all-in. Position size is your escape route. Keep some capital aside, so when the market adjusts, you’ll still have the chance. And even if your direction is wrong, you’ll have room to adjust. A few more experiences: look at the trend on the larger time frame; on smaller time frames, you’re easily affected by noise. In sideways markets, trade less—many losses don’t come from the big trend, but from constantly messing around. After a sharp sell-off, there may be a rebound, but a slow, grinding downtrend requires more patience. Build your position in batches, take profit in batches—don’t fantasize about buying at the absolute low or selling at the absolute high. The market always has opportunities, but your principal only comes once.